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Termination Of Business Relationship
"I need a Termination Of Business Relationship agreement to end a manufacturing supply partnership with my Singapore-based supplier by March 2025, including specific provisions for the return of manufacturing equipment and protection of trade secrets."
1. Parties: Identification and details of all parties involved in the termination
2. Background: Context of the business relationship and reason for termination
3. Definitions: Key terms used tHRoughout the agreement
4. Effective Date of Termination: Specific date when the business relationship will end
5. Outstanding Obligations: List of remaining duties and responsibilities
6. Confidentiality: Ongoing obligations regarding confidential information
7. Governing Law: Specification of Singapore law as governing law
1. Transition Arrangements: Details of handover process and timeline for complex operational transitions
2. Non-Compete Provisions: Restrictions on future competitive activities and protection of business interests
3. Asset Division: Distribution and transfer arrangements for jointly owned assets
4. Employee Transfer: Arrangements for staff transfers and employment-related matters
1. Schedule of Outstanding Payments: List of all pending financial obligations between the parties
2. Asset Register: Inventory of assets to be distributed or transferred between parties
3. Intellectual Property Rights Schedule: List of IP rights and their post-termination ownership arrangements
4. Transition Timeline: Detailed timeline for implementing the termination process
Authors
Affiliate
Business Day
Confidential Information
Effective Date
Force Majeure
Intellectual Property Rights
Notice
Original Agreement
Parties
Termination Date
Territory
Transition Period
Outstanding Obligations
Representatives
Business Relationship
Trade Secrets
Material Breach
Surviving Provisions
Working Hours
SGD
Singapore Dollars
Liability
Dispute
Governing Law
Claims
Assets
Data
Personal Data
Proprietary Information
Termination Fee
Effective Date of Termination
Termination Process
Outstanding Payments
Return of Property
Confidentiality
Non-Compete
Non-Solicitation
Intellectual Property Rights
Data Protection
Transition Arrangements
Post-Termination Obligations
Mutual Release
Surviving Provisions
Liability and Indemnification
Dispute Resolution
Governing Law and Jurisdiction
Force Majeure
Notices
Assignment
Severability
Entire Agreement
Waiver
Amendment
Third Party Rights
Costs and Expenses
Counterparts
Further Assurance
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